Expanding Firm Finds a New Home

Client
  • Chiyoda
Space
  • 25,805 sq. ft.
Industry
  • Energy
  • Engineering
Locations
  • Houston
Services Provided
  • Transaction Management
  • Project Management
Cresa Team
  • Steven Heal

Client Objectives

  • Chiyoda needed to relocate to a larger space near their client base to accommodate new projects.
  • They were seeking a Class A building that would provide ease of access and high-end amenities for their employees.
  • In addition, Chiyoda wanted to sublease space close their new location to operate as a short-term project space.

Results

  • Cresa provided a full market survey and identified Westchase as the optimal target submarket due to its proximity to Chiyoda’s client base.
  • Cresa Project Management was able to oversee buildout of brand new office space that would match the client’s image, keeping the project on schedule and under budget.
  • Chiyoda was also able to secure a sublease opportunity in an adjacent building despite challenging market conditions for short-term project space.

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